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Market:	ASX
Sector:	General Mining
EPIC:	MNM
Latest Price:	0.14 (3.70% )
52-week High:	0.19
52-week Low:	0.05
Market Cap:	27.43M

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Mantle Mining Corporation

Mantle Mining Corporation (ASX: MNM) is a diversified Australian minerals exploration company with a portfolio that includes gold, coal and coal bed methane, uranium and phosphate projects in Queensland and Victoria.

Mantle Mining granted new tenement at its Barkly phosphate project

Friday, October 16, 2009

Australian-listed exploration company Mantle Mining (ASX: MNM) has been given the green light to acquire a new tenement, located adjacent to the company’s Barkly phosphate project in the Northern Territory.

The Brisbane-based company has control of grant EL 27037, which consolidates 5,202km2 in the Georgina Basin, under a six-year contract.

The tenement is strategically located just to the south of Phosphate Australia’s Highland Plains project which contains a maiden JORC Compliant Phosphate Rock Deposit.

Its tenements at the Barkly Phosphate project have a JORC Compliant Indicated and Inferred Resource of 1,105Mt at 18 per cent P2O5.

Shares in Mantle, a diversified Australian minerals exploration company with a large portfolio of projects in cold, coal, uranium and phosphate, have been stronger since June 2009.

The company recently completed field reconnaissance work on the Barkly project tenements, ahead of a drilling program later this year.

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